Kensington Asset Management, LLC

Portfolio Overview

Kensington Asset Management, LLC disclosed 39 positions worth $1.8B in its Form 13F-HR for Q2 2026. During the quarter the fund opened 8 new positions and exited 10. The portfolio is most concentrated in Other (96.9% of disclosed assets). All figures are sourced directly from Kensington Asset Management, LLC’s Form 13F-HR filing with the SEC under CIK 1979884.

• VANGUARD INDEX FDS - S&P 500 ETF SHS

  —

  Quality

  $418.9M609,865 sh

• PGIM ETF TR - PGIM ULTRA SH BD

  —

  Quality

  $218.4M4,407,675 sh

• VANGUARD BD INDEX FDS - VANGUARD ULTRA

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  Quality

  $205.4M4,125,497 sh

• J P MORGAN EXCHANGE TRADED F - ULTRA SHRT ETF

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  Quality

  $136.6M2,701,053 sh

• ISHARES TR - FLTG RATE NT ETF

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  Quality

  $107.3M2,101,238 sh

• JANUS DETROIT STR TR - HENDRSN SHRT ETF

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  Quality

  $99.1M2,028,176 sh

• VANECK ETF TRUST - IG FLOA RATE ETF

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  Quality

  $84.9M3,314,952 sh

• SPDR SERIES TRUST - ST PORT HIGH ETF

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  Quality

  $81.0M3,453,978 sh

• ISHARES TR - BROAD USD HIGH

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  Quality

  $79.3M2,140,983 sh

• DBX ETF TR - XTRACK USD HIGH

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  Quality

  $46.5M1,272,962 sh

Showing top 10 of 39 holdings.

Full Holdings — Kensington Asset Management, LLC (Q2 2026)

All 39 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.

#	Ticker	Company	Value	Weight	QoQ	Quality
1	—	VANGUARD INDEX FDS - S&P 500 ETF SHS	$418.9M	22.8%	-12%	—
2	—	PGIM ETF TR - PGIM ULTRA SH BD	$218.4M	11.9%	+178%	—
3	—	VANGUARD BD INDEX FDS - VANGUARD ULTRA	$205.4M	11.2%	+273%	—
4	—	J P MORGAN EXCHANGE TRADED F - ULTRA SHRT ETF	$136.6M	7.5%	+132%	—
5	—	ISHARES TR - FLTG RATE NT ETF	$107.3M	5.8%	+93%	—
6	—	JANUS DETROIT STR TR - HENDRSN SHRT ETF	$99.1M	5.4%	+35%	—
7	—	VANECK ETF TRUST - IG FLOA RATE ETF	$84.9M	4.6%	+28%	—
8	—	SPDR SERIES TRUST - ST PORT HIGH ETF	$81.0M	4.4%	+6%	—
9	—	ISHARES TR - BROAD USD HIGH	$79.3M	4.3%	-44%	—
10	—	DBX ETF TR - XTRACK USD HIGH	$46.5M	2.5%	-4%	—
11	—	PIMCO ETF TR - MULTISECTOR BD	$46.2M	2.5%	+18%	—
12	$GS	GOLDMAN SACHS GROUP INC	$45.8M	2.5%	+28%	73.3
13	—	AB ACTIVE ETFS INC - ULTRA SHORT INCM	$43.8M	2.4%	+69%	—
14	—	VANECK ETF TRUST - FALLEN ANGEL HG	$36.4M	2.0%	-11%	—
15	—	JANUS DETROIT STR TR - HENDRSON AAA CL	$31.5M	1.7%	+286%	—
16	—	VANGUARD SCOTTSDALE FDS - SHORT TERM TREAS	$29.7M	1.6%	+482%	—
17	—	VANGUARD SCOTTSDALE FDS - INTER TERM TREAS	$25.7M	1.4%	NEW	—
18	—	VANGUARD INDEX FDS - TOTAL STK MKT	$14.3M	0.8%	+90%	—
19	—	BNY MELLON ETF TRUST - ULTRA SHORT INCM	$7.4M	0.4%	+6%	—
20	—	CAPITAL GRP FIXED INCM ETF T - ULTRA SHORT ETF	$7.2M	0.4%	+54%	—
21	—	SPDR INDEX SHS FDS - ST PORT MARK ETF	$6.4M	0.3%	-48%	—
22	—	SPDR SERIES TRUST - ST STR SP600 SML	$6.4M	0.3%	-55%	—
23	—	FRANKLIN TEMPLETON ETF TR - FTSE JAPAN ETF	$6.3M	0.3%	-50%	—
24	$IVZ	Invesco Ltd.	$6.2M	0.3%	NEW	—
25	$QQQ	INVESCO QQQ TRUST, SERIES 1	$6.0M	0.3%	-98%	—
26	—	ISHARES TR - CORE HIGH DV ETF	$5.2M	0.3%	+741%	—
27	—	VANGUARD SCOTTSDALE FDS - LONG TERM TREAS	$4.6M	0.3%	NEW	—
28	—	BNY MELLON ETF TRUST - GLOBAL INFRASCTR	$4.3M	0.2%	+46%	—
29	—	BLACKROCK ETF TRUST - ISHA SYST AL ETF	$3.4M	0.2%	NEW	—
30	—	ISHARES INC - JP MRGN EM HI BD	$3.3M	0.2%	+53%	—
31	$SGOL	abrdn Gold ETF Trust	$3.3M	0.2%	-69%	—
32	—	SIMPLIFY EXCHANGE TRADED FUN - US EQUI PLUS ETF	$2.6M	0.1%	NEW	—
33	—	NUSHARES ETF TR - NUVEEN ULTRA SHT	$2.5M	0.1%	+0%	—
34	—	EA SERIES TRUST - FREEDOM 100 EM	$2.4M	0.1%	NEW	—
35	$IVZ	Invesco Ltd.	$2.0M	0.1%	NEW	—
36	—	ISHARES TR - JPMORGAN USD EMG	$1.6M	0.1%	+0%	—
37	—	NUSHARES ETF TR - NUVE SECU IN ETF	$1.3M	0.1%	+0%	—
38	—	JOHN HANCOCK EXCHANGE TRADED - HIGH YIELD ETF	$646,258	0.0%	-86%	—
39	—	PIMCO ETF TR - SR LN ACTIVE ETF	$468,888	0.0%	NEW	—